#section 143(3)
Log in to FollowLatest section 143(3) updates, provisions, case laws, compliance requirements, tax implications and expert analysis under Income-tax law on TaxGuru.

Section 40A(2)(a) applies to payments to directors with substantial interest in company

Section 56(2)(vii)(b)(ii) Inapplicable to Partnership Firm’s Business Property: ITAT Chennai

No Income Tax Addition for Employee Acting on Directors’ Behalf: ITAT Mumbai

AO cannot restrict cost of fund on ad-hoc basis without any legal basis: ITAT Bangalore

ITAT upholds Section 80IC Disallowance for Form 10CCB Non-filing

Deduction allowed for Delayed ESI/PF Employee Contribution Deposit: ITAT Raipur

Change of Opinion not Grounds for Income Escaping Assessment: Bombay HC

Inadequate Enquiry Alone does Not Warrant Invoking Section 263 of Income Tax Act

ITAT Mumbai quashes Reassessment Due to Lack of Mind Application

Revision u/s 263 sustained as assessment completed in a routine and mechanical manner

Punitive damage being negative restitution not allowable as business expense

Unexplained cash credit u/s 68: Addition sustained on failure to discharge onus cast on assessee

Reassessment must be based on new and substantive grounds: Delhi HC

ITAT Mumbai Remands Case for Fair Hearing on Assessment Order
Explore the latest section 143(3) updates on TaxGuru, including relevant Income-tax Act provisions, rules, notifications, circulars, judicial decisions and compliance guidance. The coverage highlights important tax positions, procedural requirements, assessments, deductions, penalties and litigation developments to help taxpayers and professionals understand the practical implications of changes in income-tax law.
